VP – Actuary

VP – Actuary

Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our London Broking team to develop innovative risk pricing and analytical models.
  • Company: Acrisure Re, a global leader in reinsurance with a collaborative culture.
  • Benefits: Competitive salary, professional development, and opportunities for domestic and overseas travel.
  • Why this job: Make a real impact by creating unique solutions in the dynamic reinsurance market.
  • Qualifications: Qualified actuary with strong analytical skills and experience in data analytics programming.
  • Other info: Opportunity to manage junior staff and grow your career in a supportive environment.

The predicted salary is between 72000 - 108000 £ per year.

Acrisure Re is a global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business, at the best available market terms. We are an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. By fostering a team mentality, both internally and with our clients, we develop a thorough understanding of our clients’ situations and markets, creating unique opportunities for innovative and ingenious solutions that add value and get positive results.

In this role you will function as an integral member of the London Broking team working within our Analytics division and supporting our senior brokers and producers. You will provide technical servicing and development to the company’s reinsurance treaties, insurance portfolio and new business opportunities whilst conducting research, analysing client/market-wide data, and developing stochastic models through statistical, actuarial and scientific analysis.

Core Responsibilities
  • Develop risk pricing and analytical models based on statistical, actuarial and scientific methods in order to reach accurate conclusions.
  • Develop stochastic models and perform reinsurance optimisation analyses in order to evaluate and compare different reinsurance strategies and pricing.
  • Streamline existing processes via automation techniques.
  • Analyze, summarize, and/or review data to report findings, interpret results, and/or make recommendations.
  • Respond to technical queries regarding data, trends or results from studies.
  • Create tools to monitor and evaluate risk and claims trends for our clients.
  • Liaise between Insurers and Reinsurers and ensure information is disseminated to the appropriate channels for action, both internally and externally.
  • Represent Acrisure Re at client meetings, presentations, audits with Reinsurers and other events as appropriate.
  • Conduct regular follow-ups with clients ensuring their needs, issues and requests are resolved satisfactorily.
  • Domestic and overseas business travel may be required.
  • Management of more junior staff.
Skills / Attributes Required
  • Qualified actuary.
  • Strong attention to detail.
  • Ability to think creatively.
  • Experience in pricing and / or capital modelling within Lloyd’s / London market.
  • Reinsurance experience a plus.
  • Broad understanding of Lloyds’ and the London Market, including Solvency II.
  • Strong working knowledge of the various standard reserving methodologies used in the market.
  • Experience with programming languages used in data analytics, such as VBA, SQL, R, and/or Python.
  • Comfortable presenting complex technical aspects to clients in a simplified manner.
  • Practical experience working with Brokers and/or Underwriters.

VP – Actuary employer: ACRISURE

Acrisure Re is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong focus on employee development, we provide ample opportunities for growth and advancement within our Analytics division, ensuring that our team members are equipped with the skills needed to excel in their careers. Our commitment to fostering a supportive culture, combined with the chance to work on complex reinsurance projects, makes Acrisure Re a rewarding place to build a meaningful career.
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Contact Detail:

ACRISURE Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land VP – Actuary

Network Like a Pro

Get out there and connect with industry professionals! Attend events, webinars, or even casual meet-ups. The more people you know in the reinsurance world, the better your chances of landing that VP – Actuary role.

Show Off Your Skills

When you get the chance to chat with potential employers, don’t hold back! Share your experience with pricing models and data analytics. Make sure they know you’re the creative thinker they need for their team.

Follow Up Like a Boss

After interviews or networking events, drop a quick thank-you email. Mention something specific from your conversation to remind them of your expertise. It shows you’re genuinely interested and keeps you on their radar.

Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Acrisure Re.

We think you need these skills to ace VP – Actuary

Risk Pricing
Analytical Modelling
Stochastic Modelling
Reinsurance Optimisation
Data Analysis
Automation Techniques
Statistical Analysis
Actuarial Methods
Client Liaison
Presentation Skills
Programming Languages (VBA, SQL, R, Python)
Attention to Detail
Creative Thinking
Understanding of Lloyd's and the London Market
Knowledge of Solvency II

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your actuarial qualifications and any relevant experience in pricing or capital modelling, especially within the Lloyd’s and London market.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re the perfect fit for the VP – Actuary role. Share specific examples of how you've developed risk pricing models or streamlined processes, and don’t forget to show off your creative thinking!

Showcase Your Technical Skills: Since we’re looking for someone with strong analytical skills, make sure to mention your experience with programming languages like VBA, SQL, R, or Python. Give us a glimpse into how you’ve used these tools to analyse data or develop models.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!

How to prepare for a job interview at ACRISURE

Know Your Numbers

As a VP – Actuary, you'll need to demonstrate your expertise in statistical and actuarial methods. Brush up on key concepts and be ready to discuss how you've applied them in previous roles. Prepare examples of models you've developed or optimised, and be ready to explain your thought process.

Showcase Your Creativity

This role requires creative thinking, especially when developing innovative solutions for clients. Think of specific instances where you’ve approached a problem from a unique angle or implemented a new strategy. Be prepared to share these stories during the interview to highlight your ability to think outside the box.

Master the Art of Communication

You'll be liaising with both insurers and reinsurers, so it's crucial to present complex information clearly. Practice explaining technical concepts in simple terms. Consider doing mock interviews with friends or colleagues to refine your communication skills and ensure you're comfortable discussing intricate details.

Research Acrisure Re

Familiarise yourself with Acrisure Re's market position, recent developments, and their approach to reinsurance. Understanding their values and how they operate will help you tailor your responses and show that you're genuinely interested in the company. This knowledge can also help you ask insightful questions during the interview.

VP – Actuary
ACRISURE
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